Cohen Klingenstein LLC Holds Stake in Simon Property Group, Inc. (SPG)

Paterniano Del Favero
Luglio 29, 2017

Simon Property Group Inc now has $50.20 billion valuation. Finemark National Bank Trust invested in 3,954 shares or 0.06% of the stock. The stock has been upbeat for quite some time as is up 9.79% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 0.81% gain for the week. About 750,969 shares traded.

Alpine Woods Capital Investors Llc decreased Trinity Industries Inc (NYSE:TRN) stake by 53,000 shares to 39,600 valued at $1.10M in 2016Q4. It has underperformed by 16.70% the S&P500. The firm has a market capitalization of $50.27 billion, a price-to-earnings ratio of 27.55 and a beta of 0.58. Pennsylvania-based Riggs Asset Managment Inc has invested 0.07% in Simon Property Group Inc (NYSE:SPG). The stock of Simon Property Group Inc (NYSE:SPG) has "Overweight" rating given on Tuesday, July 18 by Barclays Capital. The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. Simon Property Group, L.P. Nisa Investment Advisors LLC's holdings in Simon Property Group were worth $15,838,000 at the end of the most recent quarter. They now have a Dollars 216 price target on the stock.

A look at some of the inputs to technical analysis model shows how Simon Property Group, Inc. current price compares to its recent moving averages. SPG was included in 3 notes of analysts from November 1, 2016. The latest reports which are outstanding on Friday 28th of July state 9 analysts have a rating of "strong buy", 8 analysts "buy", 5 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".

Several analysts recently commented on the stock. Daiwa Securities Group Inc. boosted its stake in shares of Simon Property Group by 3.2% in the second quarter. They expect $2.44 earnings per share, down 7.22% or $0.19 from last year's $2.63 per share. TRIP's profit will be $28.24 million for 48.16 P/E if the $0.20 EPS becomes a reality. The stock of Simon Property Group Inc (NYSE:SPG) earned "Buy" rating by Jefferies on Monday, July 17. Argus cut their target price on shares of Simon Property Group from $225.00 to $210.00 and set a buy rating for the company in a research note on Thursday, June 29th. LEWIS DAVID B had sold 8,000 shares worth $240,080 on Monday, June 19.

Stifel Nicolaus started coverage on shares of Simon Property Group, Inc. It has underperformed by 16.70% the S&P500. Retirement Systems Of Alabama owns 0.15% invested in Simon Property Group Inc (NYSE:SPG) for 148,937 shares. D E Shaw & Inc reported 177,992 shares. Janus Cap Mngmt Llc reported 992,641 shares. Nomura Asset Management Com Limited invested in 247,001 shares or 0.79% of the stock. Its down 41.18% from 5,100 shares previously.

Since March 28, 2017, it had 1 buying transaction, and 0 insider sales for $232,400 activity. WEBER JOHN A sold $912,000 worth of stock or 4,000 shares. Blackrock Institutional Co Na invested in 12.92M shares. On Thursday, March 2 the insider LANKLER DOUGLAS M sold $693,200.

Bluemountain Capital Management Llc increased Cms Energy Corp (CMS) stake by 301.77% reported in 2016Q4 SEC filing. It also reduced Fair Isaac Corp (NYSE:FICO) stake by 21,626 shares and now owns 523 shares. Ppg Inds Inc (NYSE:PPG) was raised too. Two analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. Therefore 40% are positive.

06/02/2017 - Simon Property Group, Inc. had its " rating reiterated by analysts at Morgan Stanley. The rating was upgraded by Goldman Sachs to "Buy" on Tuesday, June 20. Simon Property Group has an average rating of "Hold" and a consensus price target of $191.65. Berenberg initiated Pfizer Inc. The stock of H & R Block Inc (NYSE:HRB) has "Outperform" rating given on Friday, September 4 by Barrington Research. The firm issued a hold rating and a $170.00 price objective on the real estate investment trust's stock. As per Wednesday, August 26, the company rating was upgraded by Zacks. The rating was downgraded by RBC Capital Markets on Tuesday, August 2 to "Sector Perform". The rating was maintained by Deutsche Bank with "Buy" on Wednesday, August 17.

Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.05, from 1.18 in 2016Q3.

Other hedge funds have also modified their holdings of the company. 67 funds opened positions while 196 raised stakes. Fil Limited holds 204,142 shares or 0.11% of its portfolio. State Of Alaska Department Of Revenue owns 0.11% invested in H & R Block Inc (NYSE:HRB) for 50,252 shares. First Trust Advsrs LP accumulated 194,364 shares.

About 62,544 shares traded. Federated Investors Inc acquired 14,975 shares as Block H & R Inc (HRB)'s stock rose 25.06%. Victory Cap owns 4,120 shares for 0% of their portfolio. Laffer holds 0% or 71,760 shares in its portfolio. Evermay Wealth Mgmt Ltd Liability Company invested in 61,234 shares or 0.97% of the stock. 1,593 were reported by Alpha Cubed Investments Limited Com. Credit Agricole S A owns 47,493 shares or 0.03% of their USA portfolio. Thompson Rubinstein Invest Mngmt Or owns 1.21% invested in Pfizer Inc.

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